Ashok Leyland Q4 Results Live : Ashok Leyland declared their Q4 results on 24 May, 2024, with the revenue increasing by 2.84% and the profit increasing by 13.41% YoY. In comparison to the previous quarter, the revenue saw a growth of 22.4% and the profit surged by 52.34%.
The Selling, general & administrative expenses of Ashok Leyland rose by 1.52% q-o-q and increased by 5.34% Y-o-Y, reflecting some cost pressures on the company.
Furthermore, the operating income showed a significant increase of 40.08% q-o-q and 43.56% Y-o-Y, indicating improved operational efficiency for Ashok Leyland.
The Earnings Per Share (EPS) for Q4 stood at ₹2.78, marking a 7.46% Y-o-Y increase, showcasing positive growth in earnings for the company.
Ashok Leyland’s stock performance has been noteworthy with a 2.76% return in the last 1 week, 19.33% return in the last 6 months, and 16.97% Year-to-Date (YTD) return.
As of now, Ashok Leyland commands a market capitalization of ₹62,352.91 Cr with its 52-week high/low at ₹213.7 and ₹144.1 respectively, providing insights into the company’s market standing.
Analyst coverage on Ashok Leyland as of 25 May, 2024, shows that out of 36 analysts, 3 have rated it as Strong Sell, 4 as Sell, 6 as Hold, 13 as Buy, and 10 as Strong Buy, with the consensus recommendation being Buy.
The financial results depict a positive outlook for Ashok Leyland in Q4, with revenue and profit growth, improved operational performance, and favorable analyst recommendations, positioning the company well for future growth and success.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 13577.58 | 11092.7 | +22.4% | 13202.55 | +2.84% |
| Selling/ General/ Admin Expenses Total | 949.69 | 935.49 | +1.52% | 901.56 | +5.34% |
| Depreciation/ Amortization | 232.87 | 240.92 | -3.34% | 258.74 | -10% |
| Total Operating Expense | 11149.18 | 9359.09 | +19.13% | 11511.05 | -3.14% |
| Operating Income | 2428.4 | 1733.61 | +40.08% | 1691.5 | +43.56% |
| Net Income Before Taxes | 1515.68 | 983.72 | +54.08% | 1213.77 | +24.87% |
| Net Income | 853.41 | 560.21 | +52.34% | 752.53 | +13.41% |
| Diluted Normalized EPS | 2.78 | 1.88 | +47.55% | 2.58 | +7.46% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹853.41Cr
Question : What is Q4 revenue?
Ans : ₹13577.58Cr
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Published: 25 May 2024, 11:26 AM IST
